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the very latest ahead. adam: plus fibers -- flyers get ready for long delays. the faa says they are coming through. is it a warning or threat thanks to sequestration? we're live from one of the country's biggest airports next. first time to see how oil is trading friday night, buy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. adam: get ready for some massive delays at the nation's airports. the faa is warning that 7,000 flights a day could be delayed due to furloughs of air traffic controllers as a result of sequestration. our jeff flock is at chicago's o'hare international airport with the headaches. >> i know we've heard about this before, adam but this time they're serious. really this could be bad. let's give you a lowdown on the furloughs. by the way, lots of delays out here today. but that is weather, not furloughs yet. here is what will happen. the furloughs will start on sunday. th
for more flight delays triggered by the sequester. some of the busiest airports fell behind schedule. faa furloughs went into effect leaving fewer air traffic controllers on the job and we have more from abc's matt gutman. >> reporter: the delays piled up in charlotte. waits up to 75 minutes at baltimore washington and at all three new york airports. >> when you have cuts like this, it's not good. it's one of the very few jobs, i think, that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on federal budget cuts. the agency said, the crunch forced it to furlough its air traffic controllers one day every other week. it saves the agency nearly $640 million, but the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and the early numbers show delays at baltimore washington anew york's laguardia, spiking fourfold over last monday. part of that could be weather related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. here's the confusing thing. the fligh
production rate is expected early next year. separately, there are reports that the faa could approve boeing 787 dreamliner battery fix and in the plane's three-month grounding and that will probably be impacting the stock today. >> blackstone is ending its pursuit of dell ending the nationwide drop in pc sales and the move is founder michael dell and blackstone pulling out one month after it launched its will challenge to attempt to take dell private and dell shares are trading down in pre-market trading. general electric releasing first quarter earnings this morning and the company reported a 16% jump in earnings versus next quarter. last year on increased oil and gas drilling equipment sales and ge shed the last of its stake in nbc universal, and we have some breaking news, i believe. i'll go to beck owe this. we apparently have breaking news and not sure where we're going for this, but it does -- the affiliate in boston. i take it back. art hogan is standing by at lazard in boston and the events of today have shut down a wide swath of activity and this is not boston, this is not business
Search Results 0 to 2 of about 3

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